Private equity firms Cross and PINOVA have sold Rademacher to Delta Dore, creating a strong partnership in the European smart home market.
Information on the Target
Rademacher Geräte-Elektronik GmbH, founded in 1967 and headquartered in Rhede, Germany, has evolved from being a pioneer in sun and sight protection to a prominent manufacturer of smart home solutions. The company now provides a diverse range of smart home products that cater to areas such as sun and sight protection, security, and energy management. With a commitment to quality, Rademacher's products are proudly labeled 'made in Germany.'
Under the stewardship of private equity firms Cross and PINOVA, along with the management team, Rademacher has undergone a significant transformation. The company implemented strategic initiatives to enhance consumer engagement and successfully transitioned into a smart home ecosystem, reinforced by a stronger online presence. This strategic shift reflects Rademacher's continuous growth and its aspirations for international expansion.
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Industry Overview in Germany
The smart home market in Germany has witnessed rapid growth, driven by advancements in technology and a rising interest in home automation solutions. As consumers become more conscious of energy efficiency and security, the dema
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Delta Dore
invested in
Rademacher Geräte-Elektronik GmbH
in 2021
in a Management Buyout / Buy-In (MBO) deal
Disclosed details
Revenue: $145M